For the business judgment rule to apply:

a. there must be a conflict of interest.
b. the director must exercise extraordinary care.
c. the director must act in the best interests of the corporation.
d. All of the above.


c

Business

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As noted in the text, Caesars Entertainment points with pride to the fact that everyone in the firm understands and can articulate its branding and values. This would be an indication that Caesars is devoted to ________.

A. providing work-focused training for valued employees B. producing products that are similar to that of its competitors C. creating self-actualization for management D. external marketing to achieve the goals of stress-relief ergonomics E. internal marketing to achieve the goals in the service-profit chain

Business

An obligation imposed by law where there has been no agreement or expression of assent by word or act on the part of either party involved is a(n):

a. implied in fact contract. b. express contract. c. void contract. d. quasi contract.

Business

The socialization process involves adopting the values of the culture in which a person was raised and is usually strongly influenced by the family.

Answer the following statement true (T) or false (F)

Business

The Constitution intends for the judiciary to have:

a. no independence from the other parts of the government b. limited independence from the other parts of the government c. significant independence from the other parts of the government d. its own governmental structure e. none of the other choices are correct

Business